Bitcoin mining company Hu8: held 10,171 bitcoins at the end of last year, with a net income of $331 million

Odaily News According to official news, Bitcoin mining company Hut 8 released its 2024 financial report, showing that the company achieved a net income of $331 million and revenue of $162 million for the whole year, benefiting from the rise in Bitcoin prices. As of the end of 2024, Hut 8 held 10,171 Bitcoins, which is worth about $905 million at the current price, most of which have been used as collateral to purchase more ASIC mining machines.